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can do the trick. it came in the face of an employment report that was uplifting. the economy cranking out 203,000 jobs last month and the jobless rate dropping to to 7%, lower tn anyone could remember in five years. it might not be a fluke because consumers are feeling it, too. back to why this is all so weird. normally investors sell off on good news like this because it would signal the federal reserve starts helping them out and starts tapering the 85 billion bucks a month it's been flowing their way to keep interest rates low. a lot more on weather stocks stay high, but first, to mother nature, anything but hot. because fox is on top of a massive ice storm not letting up. icy cold temperatures ripping across a huge part of the country today. the wind chill in montana, minus 46. not much better throughout the midwest, and this arctic blast is expected to stick around for a while. no matter where you live you're likely to be hit and we're all over it with casey stiegel on the mess that is getting messier. scott in arkansas, where things are not much better. joe, on why we could all
be a big win for the u.s. economy going forward. explain. >> we know the human toll. you heard the mayor bing talk about it. kevyn orr talked about it. no doubt. human beings lives are at stake and promises were made. but you have -- and dive just mentioned the previous guest, this unhoe live alliance where unions push politicians, who did them favors, making the unions stronger and able to push in the same policies. this beneficial cycle of power sharing that really helped to bankrupt not just detroit but a wheel lot of other places on the brink. these were very -- promises made over a long period of time, and if we were being honest about it, up -- people could see this coming for a long perfected of time but you had this powerful power structure, and this is what they -- >> talk about a human toll, a big toll on taxpayers. >> mayor bing said, you weigh the consequences and, yes, there's some part is going to come out hurt, and this particular caves it was the unions, but -- >> it's not the first time, right? in the case of the private companies -- we can go back to the days of steel a
as much. what would that be? >> there's a lot of financial insecurity, and the economy is still not strong. so, people still have a lot of concerns about spending too much money, losing their jobs, having insurance to pay for. >> how much does that factor into things? the premium shock or whatever. we're told that it's actually affecting a minority of households but that's at lot of households. >> insurance costs a lot of money and a lot of aging people who are employed have cost sharing, so everything goes up, and if your salary isn't going up or you have some insecurity about whether you'll actually have a job, then you have to consider that when you're out shopping. >> how is this -- i've been covering retail sales for decades on the holiday season. all the same concerns. angst on the part of folks concerned about job security. that was raging even during the internet boom. so, i'm just wondering whether we get too much credence to the gloom and doom or is it different? >> i think people are concerned about their retirement, and there are jobs that are letting people go when they're in
investments, the dow speaks of 500 companies, mirrors the broad u.s. economy and right now with today's gain, 39th record close of the year. an average that is now on pace for 27% gain year to date. so not too shabby. meanwhile, the budget deadline is nearing and it's looking like any plan to attack the nation's debt is dead on arrival. everytime i have you here, you make a lot of sense. both sides, come on, guy, talk the talk and walk it, and they don't. what's the problem. >> it's interesting. they're actually beginning to hear us. you have a small budget agreement that is looming. >> what do you mean? >> very tiny. but they're understanding they cannot go back to the fiscal crisis. we cannot get ourselves in that position and they're feeling the pressure. >> so if they avoid that but they come through with no broad budget agreement on entitlements and kick that can down the road. for a guy looking at long-term getting our act together, get to to be disconcerting. >> absolutely is. we have to take small steps and hey have to demands of ourselves, not of them, but of our ourselves, don't ac
revised numbers on the economy and it looked great and still the dow is down today. i bottom line cavuto. -- i blame cavuto. if it's bad, it's cavuto. >> ca-ching, ca-ching, the new obamacare girl. winning a contest aimed at getting young people to sign up, telling them not to worry about the price tag. good thing she isn't because it's looking like the rest ofy . >> go ahead and sing it up but young people still ain't signing up, and as the new poll is any indication they won't be anytime soon. the polls finding only 22% of young people, the so-called millenials, plan to sign up at all. 51% think healthcare costs will go up due to the law and one out of ten things the costs will go down. that's a downer for the president, pushing hard to get the young folks signed up. hadley says it's going to be a hard sell. this is a group he has to win over and he is not. >> right. the last thing that millenials need at this point is another two-minute video with song and dance or pretty graphics. we need real information about our options and i believe that when those facts come to light, when peopl
. we want this to go away because it's killing jobs in this country. killing the economy. it's hurting people's lives in a real-time basis. middle class -- >> does it -- sorry, ma'am, does it bug you when democrats go, yeah, they're going at bashing, but they don't have a plan of their own. there are half a dozen plans -- >> more than that. >> republicans, some say, want to annihilate this and do nothing in return. >> it's political. if you want to address the situation, do one thing -- let people buy any health insurance policy they want, anywhere in america, with no minimum federal requirement. you do that alone, you solve all sorts of problems with access to health care. then give a liability shield to anyone who wants to offer charitable health care. if you do that, you can deal with the poor, you can deal with the middle class, you can deal with the wealthy, and then this sorts itself out pretty fast. >> congressman, thank you very much. i mentioned that, as i said to the congresswoman, the argument is that there are no alternative plans. you might not like the alternative plans,
Search Results 0 to 5 of about 6